NIFTY Index Chart Analysis
Nifty Stuck in a Range: 20-DMA Holds the Key to Market Direction
In the last fortnight, except for a day or two of bullish trending, the Nifty 50 index has traded within a broad range. On May 15, 2025, the index reclaimed the important psychological level of 25,000 and has since mostly moved within the wide-ranged bullish candle formed that day.